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Wednesday, June 30, 2010

The today down movement was stonger than i was expecting, that put me revising all the movement since 1130 in "micro".Yesterday, all the indicators where very "smashed" pointing to a 3 of 3 with no positive divergence.

with this things in my mind i revised my count, and as i see it we still are in wave (i) since 1130

Monday, June 21, 2010

Saturday, June 19, 2010

Death was an American death metal band founded in 1983. The band's founder, Chuck Schuldiner, is considered "a pioneering force in death metal".The band ceased to exist after Schuldiner died of brain cancer in 2001.

Death is considered one of the most influential groups in death metal. The band's debut, "Scream Bloody Gore" has been described as "death metal's first archetypal document".

One music biographer has referred to Schuldiner as the "Father of Death Metal" while another has claimed that Schuldiner is "readily acknowledged as the true founder of the U.S. death metal scene".
Rest in beloved peace﻿ Chuck Schuldiner!!!!

Thursday, June 17, 2010

At medium term I didn't changed my count and still believe SPX must go test, at least , the 1000 area. The short term count still very choppy and unclear. However, I expect some reaction to the downside in the next days. My indicator didn't changed since last day.

Wednesday, June 16, 2010

Didn't have time to do my counts cause these last days I'm finishing the last preparations for my (coming) baby. For the short term my indicator still bullish since monday. So the trend may continue to the upside.

Tuesday, June 15, 2010

Some doubts how these waves, at short term, fits my big picture. There are some possibilities, however for the moment I'm not sure the best count. What I'm sure is this wave since the 104x's seems corrective with alot of zig zags.
P.S. Sometimes is better don't say anything than count shit waves.

Sometimes I need follow another indices to undertand better what SPX is labelling. My alternative indice is DAX. What I see, since the April highs, is a huge triangle. As I don't believe in new highs during the next weeks as wave A (blue) had 12 months and it's needed more time for this wave B (at least 3 month). How this count fit SPX? I must see after lunch.

Monday, June 7, 2010

Last session defined the trend for the next coming days. The end of wave ii at 110x's suprise me as I expected a test at 112x's during the open market.

If wave ii already finished, I will not expect any decent pullback in the next days and if this happen will be a great opportunity to add shorts until the 109x's area. At short term the bears are in control and the trend follow the downside, so the bulls must be caution .

Saturday, June 5, 2010

Venom are a heavy metal band formed in 1979 in England.

Coming to prominence towards the end of the "New wave of British Heavy Metal", Venom's first two albums – Welcome to Hell (1981) and Black Metal (1982) – are considered a major influence on thrash metal and extreme metal in general.Venom's second album proved influential enough that its title was used as the name of an extreme metal subgenre: Black Metal.

P.S. During the weekend will show my EW's counts (primary and alternative) at short term (at medium and long term nothing changed).
Read more...

At medium term I'm still bearish and began to look at this alternative count. At short term, this wave to the downside don't seems impulsive but a flat wave. So I expect another move to the upside! This and the last chart are my favourite counts for the short and medium term. The next move will be important to define my primary medium term count.

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